In our algorithms class we defined the Fibonacci series:
$$F_0 = 0$$ $$F_1 = 1$$ $$F_{i+2} = F_i + F_{i+1}$$
After that we used that $F_{i+2} ≥ (\frac {1+\sqrt5} {2})^i$ but I can't see why that is true. Since it's the Fibonacci series I suspect that there should be a common known proof. If there isn't, how could you prove it?
Prove it inductively, noting that $$ \left( \frac{1+\sqrt 5}{2}\right)^{i+2} = \left( \frac{1+\sqrt 5}{2}\right)^{i+1} + \left( \frac{1+\sqrt 5}{2}\right)^{i} $$